Economic Development Market Analysis and Business Attraction Strategy Services

The issuing agency is seeking a contractor to provide economic development market analysis and business attraction strategy services. The agency needs to address its economic dependency on tourism and identify opportunities to diversify the local economy. The selected contractor will analyze existing conditions, review relevant plans, and design a complementary stakeholder engagement process to inform the market analysis. The scope of work covers project management, data collection, and a comprehensive economic base and market analysis. The contractor must analyze employment trends, industry concentration, wages, business counts, and tax base composition. Additionally, the project requires assessing tourism dependency risks and developing strategies for business attraction, retention, real estate readiness, infrastructure, and workforce partnerships. Bidders must perform all work onsite and must be located within the United States. The agency will accept digital proposal submissions via email or online, and bidders must submit all questions no later than July 13, 2026. The agency is looking for budget proposals to cover a contract period of one year.